Senior Data Scientist at Melio

Tel Aviv-Yafo, Tel Aviv District, Israel

Melio Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
FintechIndustries

Requirements

  • 5+ years of experience as a Data Scientist
  • Experience applying Large Language Models (LLMs) and agent-based frameworks to solve real-world data problems, including prompt engineering, model evaluation, and building agent workflows that interact with data sources and APIs
  • Experience with ML in Python
  • Team player with effective interpersonal skills; ability to manage relationships with key partners across different functions
  • Hands-on approach and ability to take projects from idea to production
  • Background with big companies working on large scales

Responsibilities

  • Work with Research Engineers, Analysts, and other Data Scientists on statistical methods and machine learning techniques (supervised and unsupervised) to develop classification and anomaly detection algorithms
  • Design next-generation cutting-edge methods using LLMs and agentic workflows to help small businesses manage finances better, grow Melio's customer base via product network effects, and enhance user experience for more intuitive, accurate, and efficient data-driven interactions
  • Drive impact by leveraging LLMs and agentic workflows to enhance user experience and enable scaling for Melio
  • Extract valuable insights from highly complex data, ask the right questions, and find answers in a fast-paced, results-oriented environment to ensure the company meets its goals

Skills

Python
Machine Learning
Large Language Models
Prompt Engineering
Model Evaluation
Agent Workflows
Spark
Big Data
Entity Resolution
Anomaly Detection
Classification Algorithms

Melio

Digital payment solution for small businesses

About Melio

Melio Payments provides a digital payment solution aimed at helping small businesses manage their finances more effectively. The platform allows businesses to pay their vendors and suppliers using various methods, including ACH bank transfers and credit cards. A notable feature is the option to defer credit card payments for up to 45 days, which assists in cash flow management. Additionally, businesses can earn rewards on their credit card expenses. Melio charges a 2.9% fee for credit card transactions, while ACH transfers are free, making it a cost-effective choice for many. The platform also enhances expense management by allowing businesses to assign roles, digitize approval workflows, and automate bill payments, all while ensuring the security of financial information. Melio's goal is to simplify the payment process for small businesses in the retail and e-commerce sectors, providing them with greater control over their finances.

New York City, New YorkHeadquarters
2018Year Founded
$636.2MTotal Funding
SERIES_ECompany Stage
Consumer Software, Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Wellness Program
Paid Vacation
Paid Sick Leave
Hybrid Work Options
Meal Benefits
Professional Development Budget
Performance Bonus

Risks

Increased competition from Amazon Business could reduce Melio's market share.
Valuation cut to $2 billion suggests potential investor concerns about growth.
Rapid feature expansion may strain resources, leading to operational inefficiencies.

Differentiation

Melio offers a 45-day payment deferral using credit cards, aiding cash flow.
ACH transfers are free, providing a cost-effective payment option for small businesses.
Melio's platform allows role assignments and automated workflows, enhancing expense control.

Upsides

Recent $150M Series E funding supports growth through strategic partnerships.
Integration with Amazon Business enhances Melio's reach in the B2B sector.
Growing demand for real-time payments presents an opportunity for Melio's service expansion.

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